WEBVTT -  Weekly Roundup: SpaceX Big Week, Palantir Soars, The Trade Desk Drops

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, Radio News.

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<v Speaker 2>The Stock Movers report your roundup of companies making moves

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<v Speaker 2>in the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 1>I'm Jim Steeveeck along with Carol Master. Let's take a

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<v Speaker 1>look at some stocks on the move this week. Carol,

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<v Speaker 1>I'm throwing it to you because SpaceX was one.

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<v Speaker 3>Of them, up nearly twenty three percent this week, closing

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<v Speaker 3>just below a hair it's one hundred and thirty five

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<v Speaker 3>dollars a share IPO price, the stock closing out one

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<v Speaker 3>thirty three and change this week, jumping for a second

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<v Speaker 3>straight day, bringing the shares, as we said, close to

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<v Speaker 3>that IPO price for the first time since falling below

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<v Speaker 3>it that key level last month. The move a swift

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<v Speaker 3>reversal for the stock that's been under pressure, shedding more

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<v Speaker 3>than a trillion dollars in market value from the high

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<v Speaker 3>it hit shortly after that record IPO and we did

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<v Speaker 3>see the stock, as we know tim, facing additional price

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<v Speaker 3>pressures earlier in the week after the company's public earnings,

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<v Speaker 3>following fourteen percent on Wednesday after the company reported higher

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<v Speaker 3>than expected spending on its AI business. But big game

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<v Speaker 3>this week.

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<v Speaker 1>All right, that's SpaceX ticker sp CX. Let's go to

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<v Speaker 1>one of the worst performers in the S and P

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<v Speaker 1>five hundred this week, and that was Honeywell Aerospace HONA

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<v Speaker 1>is the ticker. Shares plunged earlier this week after an

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<v Speaker 1>unexpected reduction in its outlook startled investors. Shares fell this

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<v Speaker 1>week by eighteen and a half percent. Supply chain issues

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<v Speaker 1>will keep the sales growth to four to five percent

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<v Speaker 1>this year on an organic basis, roughly half carol of

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<v Speaker 1>its prior forecast.

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<v Speaker 3>Now to Pallunteer ticker PLTR, that stock up nearly forty

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<v Speaker 3>percent this week. The stock we saw it trade surging

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<v Speaker 3>really earlier, the most in more than two years, after

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<v Speaker 3>the company boosted full year revenue and income forecast, describing

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<v Speaker 3>commercial demand for its data analytics tool as otherworldly. That

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<v Speaker 3>was earlier in the week. That was coming out on Monday.

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<v Speaker 3>The company now expects four point eighty nine billion to

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<v Speaker 3>four point ninety one billion in adjusted income from operations

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<v Speaker 3>this year. It's up from four point forty five billion,

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<v Speaker 3>at the top end of the range previously put out there,

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<v Speaker 3>So white a run.

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<v Speaker 1>Yeah, Palenteer of forty percent this week. PLTR is the

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<v Speaker 1>ticker one of the best performers in the S and

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<v Speaker 1>P five hundred. All right, another one of the worst performers.

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<v Speaker 1>I'm seeing a pattern here, Carl, I know in the

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<v Speaker 1>SMP five hundred this week, the trade desk, this is

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<v Speaker 1>the advertising tech firm. TTD is the ticker down twenty

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<v Speaker 1>three and a half percent this week. This after the

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<v Speaker 1>company reported earnings for the second quarter and gave a

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<v Speaker 1>third quarter revenue forecast that missed analyst estimates. At least

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<v Speaker 1>four Brokeres downgraded their writing on the stock. The company

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<v Speaker 1>reported these results after the bell on Thursday. But you

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<v Speaker 1>got to go back in time, Carol, and you got

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<v Speaker 1>to look at how the trade desk has done over

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<v Speaker 1>the last few years. Shares down eighty nine percent from

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<v Speaker 1>those twenty twenty four hud.

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<v Speaker 2>The Stock Movers report from Bloomberg Radio. Check back with

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<v Speaker 2>us throughout the day for the latest roundup of companies

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